Münchau: The eurobonds would dismantle the toxic nexus between banks and governments.

The no-bailout rule would suddenly make sense. 

This is an environment in which states can default.


Wolfgang Münchau, FT 21 May 2017

Kommentarer

Populära inlägg i den här bloggen

Cognitive blind spots

Martin Wolf; The next crash - Why this time might not be different

27 juli. Oman. Yemen. Fallande oljepris. Wildfire threatens Bordeaux. Dance While The Music Still Goes On. Huawei.